Papantonio: How American Automakers Failed On Electric Vehicles

As gas prices quickly approach the five-dollar mark in parts of the country, American auto manufacturers are scrambling to get fuel-efficient vehicles out to consumers. These companies have been sitting on hybrid and electric vehicle technology for decades, but decided to continue to push gas guzzling SUVs on the American public until the current crisis forced them to re-think their strategy. Had they addressed the problem years ago, they wouldn’t have had to beg Congress for bailouts a few years ago when companies like Toyota and Honda were raking in huge profits from their hybrid vehicles. Mike Papantonio talks about how this happened with Seth Fletcher, author of the new book “Bottled Lightning.”